Thursday
14 December 2017
ADVERTS

UK retail sales jump 1.2% in June

11 July 17 - RE+D Magazine
UK retail sales jump 1.2% in June

COMPANIES

Savills

Consultant - GREECE

IBI Group

Consultant - GREECE

Solum Property Solutions

Consultant - GREECE

ETAD.A.E.

Public entity - GREECE

PEOPLE

Antulio Richetta

Director IBI Group
UK retail sales climbed 1.2% in June, according to figures from the British Retail Consortium (BRC) and KPMG.

 

In the same month last year, sales fell 0.5%, according to cityam.com.

In the three months to June, total non-food sales grew 1.2%, which was the best three month average since December. It was the first time this year that the BRC recorded three-month sales growth above one per cent in the non-food sector.

Hot weather boosted spending on leisure activities, summer clothes, and beauty products, she said. Food sales climbed 3.6% over the three months to June on a like-for-like basis. Total sales grew 4.6%.

Food prices have already been rising for some time, and analysts expect prices in this sector in the industry to stabilise soon.

But, non-food retailers have so far managed to keep prices down and absorb costs. It is thought they will soon start passing on inflationary pressures to consumers, however.

Comments

You must be logged in to make a comment
WAVE MEDIA OPERATIONS IKE © 2001-2017
Internet Business Hellas